SQUAWK

Boeing wins $808m worth of contracts in support of Qatari F-15QA fighters

Boeing has won three foreign military sales contracts from the US Air Force for training services, aircraft support and spare parts for F-15QA fighter aircraft ordered by the Qatari air force. Boeing has won three foreign military sales contracts from...

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Singapore, Hong Kong travel bubble begins 22 November

The air travel bubble between Singapore and Hong Kong — the first such arrangement for both cities — will commence on 22 November, allowing for all forms of travel without having to undergo a 14-day quarantine.  Outlining further details on...

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Boeing secures $9.8 billion contract for Saudi F-15 work

Boeing has secured a contract worth up to $9.8 billion related to modernisation and support work for Saudi Arabia’s F-15 fleet. The Foreign Military Sales contract is expected to be completed by 2025, according to the US Department of Defense...

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Comac delivers first ARJ21 to China Express

China Express Airlines became the country’s seventh operator of the Comac ARJ21 regional aircraft programme, after taking delivery of its first example.  The aircraft, registered B-650P, is the first of at least 50 examples the privately-owned regional carrier will operate....

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Aeroflot chief Saveliev to become Russian transport minister

Long-serving Aeroflot Group chief executive Vitaly Saveliev is set to become Russian transport minister after he was nominated for the role by prime minister Mikhail Mishustin. The transport ministry says that Saveliev will take over, following a Russian presidential decree dated...

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Embraer cuts jobs, restructures and lays out recovery plan as losses mount

Embraer continues restructuring its operation and cutting costs as it aims to return to growth after 2021. Embraer continues restructuring its operation and cutting costs as it aims to return to growth after 2021. As part of those efforts, the...

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USA approves $23bn sale of F-35s, MQ-9Bs and thousands of weapons to UAE

The US State Department has approved the sale of an aircraft and weapons package worth up to $23.37 billion to the United Arab Emirates (UAE), including 50 examples of the Lockheed Martin F-35A Lightning II stealth fighter. The US State...

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Oklahoma City tree debris removal to begin Nov. 16

Ice storm debris removal crews will start collecting trees and branches from Oklahoma City residential customers beginning Nov. 16. Pickup is for residential trash collection customers only. Commercial properties – including apartment complexes,...

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Lufthansa lifts liquidity with €600m bond issue

Lufthansa has bolstered its liquidity by placing a €600 million ($712 million) convertible bond. The German airline group says the transaction was more than six times oversubscribed. The bonds, which have an annual coupon of 2%, are redeemable in November...

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Norwegian flags ‘significant’ bankruptcy risk amid heavy losses

Scandinavian budget carrier Norwegian has today warned that it faces a “significant risk” of insolvency, as it revealed a third-quarter net loss of NKr980 million ($108 million). Still reeling from the Norwegian government’s 9 November announcement that it would not provide any more financial...

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